State Life sign MOU with Karachi University

F.P. Report

KARACHI: State Life Insurance Corporation of Pakistan (SLIC) on Thursday signed a Memorandum of Understanding with Karachi University (KU) to offer the female cancer protection plan, Sinfe-Ahan (Women of Steel), to all female students enrolled and teachers working in the institution. This cancer product provides substantial compensation on the development of any type of cancer in women for as little as Rs. 1 per day.

Speaking at the Breaking Barriers: Gender Equality and Empowerment of Women and Girls Conference at Karachi University, Chairman SLIC, Shoaib Javed Hussain, said “Both female health and education inclusion are imperative for the women of our country to have equality and feel empowered. It falls upon national institutions to come together and find solutions which financially enable and support them in making key life decisions.

By partnering with Karachi University we are taking the first step to provide health solutions to female students and teachers which is just the beginning of a greater partnership between the two national institutions.”

Due to expensive treatments such as the increasing cost of chemo-medicines and radiotherapy sessions, many cancer patients in Pakistan lose their battle against cancer because they cannot afford the treatment. Sinf-e-Ahan provides financial relief and support for the female population to empower them to cover their treatment cost in case of cancer. Under the basic plan which costs only Rs.300 per annum, State Life would cover the cost of treatment upon diagnoses of cancer up to Rs. 200,000.

SLIC is the largest insurance organization in Pakistan providing financial protection through its life and health insurance plans. SLIC is rapidly expanding social health insurance coverage to the entire country with a vast network of more than 1400 empanelled hospitals across Pakistan.